Managing Director, Wealth Advisor
Patrick Mahoney is a Managing Director, Wealth Advisor at Cresset in Minneapolis. He brings to Cresset over 25 years of experience in the investment and wealth management industries. Patrick and his partners utilize their shared expertise to serve families, business owners, corporate executives, and private foundations by providing customized advice on investments with an emphasis on asset allocation, preservation, and growth. Moreover, he and his teammates assist clients with generational wealth transfer, financial planning, lending, and philanthropic giving.
Based in Minneapolis, Patrick most recently served as Managing Director and Head of J.P. Morgan’s Private Bank in Minnesota for 10 years. He began his investment career in 1997 with investment bank RBC Capital Markets (formerly Dain Rauscher Wessels and Wessels, Arnold & Henderson), in Minneapolis, Minnesota. Patrick joined RBC as a Wall Street Equity Research Analyst, conducting in-depth research and analysis on public companies in the healthcare services sector. Following his research post, Patrick spent almost a decade as an Institutional Equity Salesperson and Product Manager for RBC Capital Markets, providing investment ideas and recommendations to top-tier institutional asset managers and hedge funds nationwide.
Mr. Mahoney graduated Magna Cum Laude and Phi Beta Kappa from the University of Minnesota with a Bachelor of Arts degree. Patrick received his MBA from the Tuck School of Business at Dartmouth College. Mr. Mahoney serves on the Board of Directors for the Minnesota Orchestra, the Friends of the Ascension School, and the Ascension Academy. Patrick and his wife live in Orono, Minnesota.